Business News
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Binance saw its annual revenue multiplied by ten in 2 years
Despite a market that has been rough on exchanges since November 2021, Binance, led by famous CEO Changpeng Zhao, recorded…
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Coinbase will let go another 20% of its workforce
In an official statement released earlier today, Coinbase’s CEO Brian Armstrong announced that the decision was made to let go…
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Microsoft ponders investing $10 billion in OpenAI, ChatGPT’s owner
For a while, ChatGPT was trending on Twitter. The artificial intelligence application, which some believe could some day dethrone Google,…
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The U.S. Department of Justice opens a website for victims of SBF
In order to efficiently communicate with victims of the FTX debacle and more specifically of the fraud by FTX’s former…
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FTX spent $40 million on hotels, flights and food in the Bahamas
According to a recent filing, FTX Digital Markets, the Bahamas branch of the defunct exchange, spent around $40 million in…
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Mastercard partners with Polygon to launch a Web3 incubator for artists
Mastercard, one of the world’s biggest payment service provider, has announced a partnership with Polygon Network, to launch a Web3…
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Alex Mashinsky gets sued by New York Attorney General
The day after Judge Martin Glenn ruled that Celsius owned the $4.2 billion deposited in Earn accounts, the New York…
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Exchange Huobi will lay off 20% of its workforce
Rumors have been going around in the last few days about Huobi planning to lay off a large part of…
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Hong Kong lawmakers consider turning the e-HKD into a stablecoin
Wu Jiezhuang, co-founder of G-Rocket, a startup accelerator planning to help 1,000 Web3 startups in the next three years, expressed…
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Coinbase stock prices rallied 12% after $50-million settlement
Following the settlement with the New York Department of Financial Services, which requires Coinbase to pay a $50-million fine to…
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The U.S. Department of Justice seized the disputed Robinhood shares now worth $460 million
The Robinhood shares bought by FTX’s founder Sam Bankman-Fried and co-founder/CTO Gary Wang with a $546 million loan, have now…
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Crypto payments online grew by 63% in 2022
Coingate, a crypto payment processor, reported that the number of transactions online has increased considerably in 2022. Despite the market…
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Coinbase is to pay a $50-million fine to New York regulators
Coinbase has been required to pay a fine of $50 million to the New York State Department of Financial services.…
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Indonesia will launch a national crypto exchange in 2023
A few weeks ago, we reported that Indonesia’s central bank was working on a digital rupiah. The island country’s regulators…
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Gemini customers now file class action lawsuit against Genesis
The feud between the Winklevoss brothers and Gary Silbert is heating up. After the founders of Gemini were hit by…
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Morocco will introduce a new bill on crypto
North Africa has been one of the fastest growing market in the world in 2022, according to Chainalysis. During a…
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Elon Musk lost $200 billion in net worth in 2022
Once the richest man on Earth, with a wealth of $340 billion as of November 2021, Tesla’s founder Elon Musk…
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Could Fiji be on its way to make Bitcoin a legal tender ?
After Fijian voters ousted the previous government after two terms in office, it is a pro-Bitcoin politician that has been…
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SBF is expected to enter a plea at his hearing next Tuesday
According to Reuters, Sam Bankman-Fried, once the knight in shining armor, now the black sheep of the crypto industry, is…
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Alameda Research’s wallets show movements
Wallets attributed to Alameda Research, FTX’s sister trading firm, showed several transactions where ERC20 tokens were traded for ETH and…
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Kraken leaves the Japanese market
While the country is currently taking steps to improve market conditions and regulations for crypto investors and entrepreneurs, centralized exchange…
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Alameda loaned $546 million to SBF to buy Robinhood shares
An affidavit by FTX’s disgraced founder Sam Bankman-Fried filed on Dec.12 and made public yesterday shows that shares of Robinhood…
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Japanese regulators will lift the ban on foreign-issued stablecoins in 2023
According to a report by local news outlet Nikkei on Dec. 26, Japan’s Financial Services Agency (FSA) is taking steps…
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FTX wants $450 million in Robinhood shares held by SBF’s holding company
FTX management has asked the court to freeze $450 million worth of Robinhood shares, that are currently held by Emergent…
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Hong Kong startup accelerator will help 1,000 Web3 startups in the next 3 years
G-Rocket is launching an initiative called « Hong Kong Web3.0 Hub » in order to encourage startups from the Web3…
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Huobi partners with Visa to issue crypto card
Crypto exchange Huobi, which ranks respectively 13th and 10th for spot and derivatives trading on CoinMarketCap, announced earlier today that…
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The $cashtags now show you price charts in Twitter search
Twitter has integrated price charts for major stocks and assets, powered by Trading View, including Bitcoin and Ethereum, in its…
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104 QuadrigaCX-related BTC moved for the first time in three years
On Dec. 16, 104 Bitcoins from QuadrigaCX, the Canadian exchange which went bankrupt in 2019 after the death of founder…
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FTX’s new management have located $1 billion of assets
The exchange’s new management, which took control of FTX after the Chapter 11 filing, has been looking for FTX’s funds…
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